Cryptocurrency has evolved beyond just being a buzzword—it’s now part of millions of people’s financial lives. Whether you're a long-term holder or just testing the crypto waters, knowing how to sell your crypto safely and easily is just as important as buying it. If you're using the Tangem Wallet, you're in luck. This sleek, card-based hardware wallet is both secure and surprisingly simple to use.
In this blog, we’ll walk you through how to sell crypto on Tangem Wallet, explore some tips, and highlight what makes Tangem different from other crypto wallets. Whether you're new to Tangem or just need a refresher, this guide is for you.
What is Tangem Wallet?
Before we dive into the selling process, let’s quickly cover what Tangem Wallet is.
Tangem Wallet is a hardware wallet in the form of a physical card. It lets you store, manage, and transfer cryptocurrencies directly from your smartphone using NFC (Near Field Communication). Unlike traditional hardware wallets with USB connections, Tangem doesn’t have a screen or cables. Just tap the card to your phone, and you’re in.
It supports a wide range of assets like Bitcoin (BTC), Ethereum (ETH), USDT, BNB, and more, making it a convenient tool for everyday crypto users.
Can You Sell Crypto Directly From Tangem?
Here’s the deal: Tangem Wallet doesn’t act as an exchange. That means you can’t directly sell crypto to fiat (like USD or EUR) from within the wallet itself. However, Tangem integrates with third-party services like Mercuryo and MoonPay, which allow you to sell your crypto conveniently and get paid in your local currency.
So while you’re not “selling” from the wallet in the strictest sense, you can initiate and complete the sale using Tangem + one of these partners.
Steps to Sell Crypto Using Tangem Wallet
Ready to cash out some of your crypto? Here’s a simple, step-by-step guide to help you sell crypto using Tangem Wallet:
1. Open the Tangem App
Start by unlocking your phone and launching the Tangem Wallet mobile app. Make sure your Tangem card is nearby—you’ll need it to authorize the transaction.
2. Tap to Connect Your Card
When prompted, tap your Tangem card to the back of your phone using NFC. This authenticates your wallet and gives you access to your crypto assets.
3. Select the Crypto You Want to Sell
From the main dashboard, you’ll see a list of cryptocurrencies stored in your wallet. Tap on the one you want to sell (e.g., Bitcoin, Ethereum, USDT).
4. Tap “Sell” or “Exchange”
Look for a “Sell” or “Exchange” button on the crypto asset’s page. Tangem will redirect you to a third-party service (usually Mercuryo, MoonPay, or Simplex) that facilitates crypto-to-fiat transactions.
5. Enter the Amount to Sell
Once on the partner platform, enter the amount of crypto you want to sell. You’ll usually see a real-time estimate of how much fiat currency (like USD, EUR, etc.) you’ll receive.
6. Choose Your Payout Method
Depending on the service provider, you might be able to:
- Receive money via bank transfer
- Get funds through credit/debit card
- Use Apple Pay or Google Pay (in some regions)
7. Verify Your Identity (KYC Process)
To comply with regulations, you’ll likely need to go through a Know Your Customer (KYC) process. This typically involves:
- Uploading a photo ID
- Taking a selfie
- Confirming your email and phone number
8. Confirm the Transaction
Double-check all the details, including the exchange rate, fees, and receiving account. When you’re ready, confirm the transaction.
You’ll need to tap your Tangem card again to authorize the outgoing crypto payment.
9. Wait for Confirmation and Fiat Payout
After submitting your transaction:
- The crypto will be deducted from your Tangem Wallet
- You’ll receive a confirmation email or text
- The fiat payout will usually arrive within minutes to a few business days, depending on the method chosen
Fees to Watch Out For
While Tangem doesn’t charge its own selling fee, the third-party provider will charge transaction fees. These fees typically range from 1% to 4%, depending on the crypto, payout method, and your country of residence.
Always review the fee summary before confirming the transaction.
Is It Safe to Sell Crypto from Tangem Wallet?
Yes—as long as you’re using the official Tangem app and trusted partners like Mercuryo or MoonPay. Tangem’s card-based design adds an extra layer of physical security, and your private keys never leave the card.
Just make sure:
- You download the official Tangem app from the App Store or Google Play.
- You never share your private keys or recovery phrases.